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Xerox announces 2500 job cuts

Posted at: 11/13/2012 3:45 PM
Updated at: 11/13/2012 5:07 PM

A spokesperson for Xerox Corporation confirms the company will be eliminating 2500 jobs worldwide. The spokesperson says this is part of a previously announced restructuring charge. Xerox missed 3rd quarter expectations, with revenue down 3 percent from the 3rd quarter in 2011.

The spokesperson says the majority of these cuts will be in the services side of the company. He says employment in Rochester is mostly focused on technology. No details have been released on the impact of these cuts in Rochester.